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Archive by category Gaming & Esports

S. Korea’s e-Sports Industry Grows Close to 100 Billion Won in 2017: Report

S. Korea’s e-Sports Industry Grows Close to 100 Billion Won in 2017: Report

SEOUL, Jan. 11 (Korea Bizwire) — The value of South Korea’s e-sports industry increased 4.2 percent on-year to 97.3 billion won (US$87 million) in 2017, a government report said Friday. The market size of the nation’s e-sports, which refers to competitive video gaming, has steadily expanded in recent years, increasing from 60.27 billion won in [...]

Classifying Game Addiction as a Disease Would be Devastating to Gaming Industry

Classifying Game Addiction as a Disease Would be Devastating to Gaming Industry

SEOUL, Dec. 13 (Korea Bizwire) – It has been reported that if game addiction is classified as a disease, the decrease in sales in the domestic gaming industry will be in the billions of won. Whether game addiction should be classified as a disease under the International Classification of Diseases (ICD) will be discussed at [...]

Virtual Reality Service on IPTV to Be Available by Year-end…KT CEO

Virtual Reality Service on IPTV to Be Available by Year-end…KT CEO

LOS ANGELES, Sept. 12 (Korea Bizwire) --KT Corp., South Korea’s leading wireless and fixed-line services provider, will launch a virtual reality service on Internet protocol television by the end of the year, its CEO said Wednesday, in a move to boost its presence in the growing business. Hwang Chang-gyu made the announcement in a meeting [...]